February 24, 1988 |
A group of investors has filed suit in federal court in Santa Ana against a Los Angeles real estate syndicator, accusing him of defrauding them of as much as $100 million. The class-action suit, filed Monday in U.S. District Court on behalf of 6,000 investors, charges that the syndicator, Richard W. Traweek, defrauded them by misleading them about the financial condition of his businesses.
CALIFORNIA | LOCAL
January 18, 1986 |
A court-appointed referee has recommended dismissal of Los Angeles developer Richard W. Traweek's $100-million lawsuit accusing San Francisco city officials of conspiring to block his plans for a major condominium project. Traweek claimed in his suit that Mayor Dianne Feinstein and other officials, acting with local developers, had an ordinance passed that limited condominium developments to expressly block Traweek's proposal to convert a 720-unit apartment.